a.You are interested in investing in a five-year bond that pays a 6.6 percent coupon rate with interest to be received semiannually. Your required rate of return is 8.4 percent. What is the most you would be willing to pay for this bond?(Round answer to 2 decimal places) present value $_________

b.Sandra Robinson wants to invest in four-year bonds that are currently priced at $859.06. These bonds have a coupon rate of 5.8 percent and make semiannual coupon payments. What is the current market yield on this bond?(Round intermediate calculations to 5 decimal places, and final answer to 2 decimal places.) Current market yield ___________%

c.Oriole Corp. issued a four-year bond one year ago with a coupon rate of 8.0 percent. The bond pays interest semiannually. If the yield to maturity on this bond is 11 percent, what is the price of the bond?(Round answer to 2 decimal places) Price of bond $__________